July 2, 2016
Biometrics is gaining more and more popularity in the financial services industry worldwide. In fact, the biometrics market is expected to reach a value of $30 billion by 2021. The technology is claimed to be the most convenient method as users don’t have to remember the numbers, codes or passwords.
Seeking to leverage the technology, a range of banks have turned to testing biometrics on limited audiences/particular markets. It may not take long till the industry makes biometric authentication a mainstream and ditches passwords once and forever.
Although there are some mainstream methods like fingerprint, new more exciting development ar ...